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Voluntary Redundancy (EVR) and Full Time to Part Time

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goneaway
Posts: 291
Joined: 20 Oct 2016, 19:50
Gender: Male

Voluntary Redundancy (EVR) and Full Time to Part Time

Post by goneaway »

I have a question about what would happen to the lump sum you would get in the case of someone who had moved from full-time to part-time hours.

Let's put aside any discussion about whether voluntary redundany packages will ever be offered, especially to delivery staff, despite the new agreement which would offer better redundancy terms, if agreed, that's for another discussion!

So, if someone had been with the company for 30 years, full time, but had then chose to go part-time, halving their hours for say just a year before EVR is offered, what would happen with the lump sum they could walk away with if they decided to leave with an EVR deal? Would their lump sum be based on them just working 18.5 hours per week, despite the lion's share of their time with the company being working full-time, or would the lump sum be based on 30 years at full-time and a year on part-time?
Wat69
Posts: 68
Joined: 12 Dec 2018, 15:34
Gender: Male

Re: Voluntary Redundancy (EVR) and Full Time to Part Time

Post by Wat69 »

Redundancy is based on your pay at leaving date - so would be calculated on your part time hours
ted_e_bear
Posts: 3910
Joined: 03 Sep 2012, 19:37
Gender: Male

Re: Voluntary Redundancy (EVR) and Full Time to Part Time

Post by ted_e_bear »

As an absolute bystander I'd be tempted to agree with the other reply but I'd suggest maybe contacting HR and clarifying, you can ask questions through the people app.
RobertT
EX ROYAL MAIL
Posts: 6608
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Voluntary Redundancy (EVR) and Full Time to Part Time

Post by RobertT »

Statutory redundancy is based on your average pay over the previous 12 weeks.

There maybe a similar arrangement with voluntary redundancy, but as that is usually higher than statutory, I don't think there needs to be.

Either way, I doubt they'd use wages that go back more than a few months at most.
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